Stocks
Krane Financial Solutions Buys $5.53 Million Stake in Apple
Krane Financial Solutions LLC has acquired a new stake in Apple Inc. (NASDAQ:AAPL), purchasing 21,794 shares of the iPhone maker's stock in the first quarter.
The acquisition is valued at approximately $5,531,000 and accounts for about 3.8% of Krane Financial Solutions' holdings, making it the company's 12th largest position.
This is not an isolated incident; several other hedge funds and institutional investors have also added to or reduced their stakes in Apple this quarter.